16 Buckingham Street, SURRY HILLS NSW 2010
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- 29 Nov 2016
Diverse Investment - Underpinned by Prime Surry Hills
Gunning Real Estate is excited to present to the market for sale by public auction, this diverse strata retail property in the heart of Surry Hills.
Set back from Devonshire Street and in-between Elizabeth and Chalers Street, with immediate access to the soon to be Surry Hills lightrail, the property benefits greatly from the constant flow of foot traffic and the surrounding businesses and residents. This is prime Surry Hills!
> 3 quality tenants on separate leases
> Net rental $110,00.00 annually exclusive of GST
> WALE - 4.5 years from Q4 2016
> 4% annual increases on all leases
> 3 street frontages - totaling 26 meters of street exposure
This is a great opportunity to acquire a very secure investment, that will continue to increase in value within one of Sydney's most popular fringe suburbs.
For further information or to request a contract, please don't hesitate to contact the agents;
Harry Sullivan - 0425 232 688
Tom Speakman - 0412 891 330
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
16 Buckingham Street SURRY HILLS